BIBBY MARITIME LIMITED — The Accounts

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Next accounts due

2026-09-30 (in 4mo)

Last filed for 2024-12-31

Confirmation statement due

2026-05-22 (this month)

Last made up 2025-05-08

Watchouts

None on the register

Cash

£88K

-66.9% vs 2023

Net assets

£6M

+3% vs 2023

Employees

-27.8% lowest in 4 filed years

Profit before tax

£213K

+110.7% highest in 4 filed years

Net assets

5-year trend · vs Industrials median

BIBBY MARITIME LIMITED·Industrials median · n=6236

Accounts

5-year trend · latest reflected 2024-12-31

Metric	2019-12-31	2020-12-31	2021-12-31	2023-12-31	2024-12-31
Turnover	—	£2,482,974	£2,928,493	£103,075	£5,887,415
Operating profit	—	-£1,636,876	£137,607	-£1,134,098	£1,290,609
Profit before tax	—	-£1,596,599	£75,567	-£1,978,624	£212,618
Net profit	—	-£1,294,289	£525,567	-£1,930,190	£172,387
Cash	—	—	—	£267,015	£88,396
Total assets less current liabilities	—	£10,039,516	£10,004,233	£21,772,158	£23,104,186
Net assets	—	£10,649,179	£11,174,746	£5,719,022	£5,891,409
Equity	£11,943,468	£10,649,179	£11,174,746	£5,719,022	£5,891,409
Average employees	—	17	17	18	13
Wages	—	£1,531,275	£1,947,377	£1,448,094	£2,026,977

Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. About these numbers

Ratios

Computed from the line items above — sparklines read oldest → newest

Ratio	2019-12-31	2020-12-31	2021-12-31	2023-12-31	2024-12-31
Operating margin	—	-65.9%	4.7%	-1100.3%	21.9%
Net margin	—	-52.1%	17.9%	-1872.6%	2.9%
Return on capital employed	—	-16.3%	1.4%	-5.2%	5.6%
Gearing (liabilities / total assets)	—	—	—	77.9%	86.1%
Current ratio	—	—	—	4.91x	1.92x
Interest cover	—	-7.51x	0.58x	-1.34x	1.09x

Margins divide P&L lines by turnover. Gearing is liabilities over total assets. Current ratio is current assets over creditors falling due within one year. Interest cover is operating profit over absolute finance costs. Sector-distribution context coming next.

Audit & accounting basis

Accounting basis: FRS 102 §1A
Reporting scope: Standalone (parent only)
Abridged: Yes — abridged accounts (limited disclosure)
Auditor: Forvis Mazars LLP
Audit opinion: Unqualified (clean)
Going concern: Affirmed
“Based on the above approach, the directors have formed the judgement at the time of approving the financial statements, that the Company has adequate resources to continue in operational existence for the foreseeable future. Accordingly, they continue to adopt the going concern basis in preparing the financial statements.”

Group structure

BIBBY MARITIME LIMITED · parent
1. Bibby Maritime (Nigeria) Limited 100% · Nigeria · provision of floating accommodation units
2. Bibby Bergen Limited 100% · UK · provision of floating accommodation units
3. Bibby Progress Limited 100% · UK · provision of floating accommodation units
4. Bibby Challenge Limited 100% · UK · provision of floating accommodation units
5. Bibby Stockholm Limited 100% · UK · provision of floating accommodation units
6. Bibby Maritime Crewing Services Limited 100% · UK · provision of crew services
7. Bibby Pioneer Limited 0% · UK · provision of floating accommodation units

Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers

People

3 active · 27 resigned

Name	Role	Appointed	Born	Nationality
BIBBY BROS. & CO. (MANAGEMENT) LIMITED	Corporate Secretary	—	—	—
GILMAN, Nicholas Charles	Director	2023-11-06	Dec 1967	British
QUINN, Nigel Colin Patrick	Director	2021-03-23	Apr 1971	British,Irish

Show 27 resigned officers

Name	Role	Appointed	Resigned
BARNES, Arthur Rennie	Director	—	1993-08-16
BIBBY, Michael James	Director	2010-10-15	2012-03-06
BIBBY, Michael James, Sir	Director	—	2003-02-27
BLAIKIE, Stephen	Director	2008-01-01	2017-09-30
BOLTON, Stephen Henry	Director	2017-11-21	2021-07-09
CROOK, Ian Kenneth	Director	2017-11-07	2020-01-31
GOLDING, Sean Thomas, Mr.	Director	2006-01-01	2017-11-07
GOODY, Andrew John	Director	2022-06-01	2023-11-01
GREEN, Cyril Joseph	Director	2004-11-01	2010-10-15
HAYMER, Jonathan	Director	2010-10-15	2012-03-06
HAYMER, Jonathan	Director	1994-01-17	2002-07-01
HOGARTH, John Stewart Whewell	Director	—	2006-01-06
HUGHES, John Howard	Director	2013-03-29	2024-07-31
KENT, Martin Cranston	Director	2008-01-01	2010-10-15
KITCHEN, Simon Jeremy, Mr.	Director	2019-04-10	2020-05-08
KITCHEN, Simon Jeremy	Director	2010-10-15	2012-03-06
KITCHEN, Simon Jeremy	Director	2005-10-07	2008-01-01
LIVERTON, Michael Anthony	Director	—	1994-04-28
MCLAUGHLIN, Carl Paul	Director	2016-01-15	2019-01-31
OSBORNE, Jonathan	Director	2001-12-01	2019-03-31
POTTER, Steven, Dr	Director	2010-10-15	2012-02-01
PREECE, Mark Alfred	Director	2003-02-27	2004-01-31
SAMUELS, Helen Julia	Director	2020-01-31	2020-10-30
SANDERSON, Julian Eric	Director	2002-02-01	2003-07-21
SHERRARD, Simon Patrick	Director	—	1999-12-31
STERRETT, David John	Director	—	1993-02-16
WORDEN, Susan Erica Ann	Director	2020-04-21	2022-05-27

Ownership

Persons with significant control

Name	Kind	Nature of control	Notified	Status
Bibby Marine Limited	Corporate entity	Shares 75–100%, Voting 75–100%, Appoints directors	2016-04-06	Active

Filing timeline

Last 20 of 393 total filings

Date	Type	Category	Description
2025-09-17	AA	accounts	Accounts with accounts type full
2025-05-09	CS01	confirmation-statement	Confirmation statement with no updates	PDF
2024-09-10	AA	accounts	Accounts with accounts type full
2024-07-31	TM01	officers	Termination director company with name termination date	PDF
2024-05-09	CS01	confirmation-statement	Confirmation statement with no updates	PDF
2023-11-10	AP01	officers	Appoint person director company with name date	PDF
2023-11-01	TM01	officers	Termination director company with name termination date	PDF
2023-08-15	AA	accounts	Accounts with accounts type full
2023-05-16	CS01	confirmation-statement	Confirmation statement with no updates	PDF
2022-09-27	AA	accounts	Accounts with accounts type full	PDF
2022-06-01	TM01	officers	Termination director company with name termination date	PDF
2022-06-01	AP01	officers	Appoint person director company with name date	PDF
2022-05-11	CS01	confirmation-statement	Confirmation statement with no updates	PDF
2021-10-07	AA	accounts	Accounts with accounts type full
2021-07-12	TM01	officers	Termination director company with name termination date	PDF
2021-05-15	CS01	confirmation-statement	Confirmation statement with no updates	PDF
2021-04-21	AA	accounts	Accounts with accounts type full
2021-04-02	AP01	officers	Appoint person director company with name date	PDF
2020-11-02	TM01	officers	Termination director company with name termination date	PDF
2020-09-29	MR01	mortgage	Mortgage create with deed with charge number charge creation date	PDF

Public-record activity

Raw counts from Companies House — last 12–24 months

Filings: 2
Capital events: 0
Officers appointed: 0
Officers resigned: 0

Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.

Year-on-year

FY2023 → FY2024 · period ending 2024-12-31 vs 2023-12-31

Turnover

+5,611.8%

£103,075 £5,887,415

highest in 4 filed years
Cash

-66.9%

£267,015 £88,396
Net assets

+3%

£5,719,022 £5,891,409
Employees

-27.8%

18 13

lowest in 4 filed years
Operating profit

+213.8%

-£1,134,098 £1,290,609

highest in 4 filed years
Profit before tax

+110.7%

-£1,978,624 £212,618

highest in 4 filed years
Wages

+40%

£1,448,094 £2,026,977

highest in 4 filed years

Each % is (latest − prior) ÷ |prior| for the line item as filed. Periods don't have to be exactly 12 months apart — a long or short period (typical around incorporation or year-end changes) will distort the comparison. Lines a company doesn't report are omitted. About these numbers

Official Companies House page